In a far-ranging deal with multiple strategic partners including local, regional and national Chinese governmental organisations, Legend 3D, Inc., the leading 3D conversion, VFX, VR and Animation studio, has finalized terms for expansion into China. As a result, Legend will be establishing a new operation to offer services in support of 3D conversion and VFX projects in the heart of China’s rapidly growing entertainment technology sector,Luoyang City in the province of Henan. The scheduled opening date of its newest facility is Spring 2018. Legend Vice President Will Maurer has been guiding the development of this opportunity for most of the past year. The result of those efforts is an exclusive relationship with multiple partners including multiple municipal entities in both Luoyang
Cartoon Network has renewed OK K.O.! Let’s Be Heroes for the second season that will open next year. Developed in association with the upcoming season, the new console video game OK K.O.! Let’s Play Heroes will also be released on PlayStation4, Xbox One and Windows PC via Steam early next year. Blending side-scrolling action and RPG Elements, the game follows K.O. trying to help his friends and rise up as the true hero of Lakewood Plaza by battling Lord Boxman’s evil robot army. Created by Ian Jones-Quartey, the toon’s second season will follow K.O., Enid and Rad as they level up in all new adventures while trying to protect their beloved Lakewood Plaza Turbo from new threats and villains. Season one episodes are available on the Cartoon Network App for iPhone, iPad and Apple TV th
After securing £11m from Santander Corporate & Commercial London-based Coolabi Group Ltd is to grow its portfolio and make strategic acquisitions. The company specialises in the creation, development and brand management of children’s and family entertainment intellectual property rights. Coolabi owns the rights to over 20 TV series and its shows have aired in more than 140 territories on channels including ABC, The Cartoon Network, CBBC, CBeebies, Disney, Netflix and Nickelodeon. Brands owned and / or represented by the firm include the multi award-winning remake of Clangers, and Scream Street, shown on CBBC. Other properties include Beast Quest, Poppy Cat, Purple Ronnie, Smallfilms’ Bagpuss and Ivor the Engine. The group also creates original series fiction for publishers and
Nickelodeon, VStar Entertainment Group and Koba Productions are gearing up to launch a live theatrical production entitled Bubble Guppies Live! Ready to Rock. Based on Nickelodeon’s pre-school series Bubble Guppies, the US tour will visit more than 30 locations beginning in March 2018. The stage show follows the Bubble Guppies as they search for a missing band member with help from friends like Mr. Grouper. The show will feature music, dancing, comedy and audience participation. Information on upcoming locations, dates, times and tickets are available online. Earlier this year, Nick and VStar Entertainment had come together to launch a second PAW Patrol-themed stage show named PAW Patrol Live! The Great Pirate Adventure that began touring in the US in October will roll out intern
In all probability, Walt Disney Co. and 21st Century Fox could be nearing a $60 billion merger deal, sources say. If you remember, we had earlier reported that Disney had approached Fox about a deal to buy its entertainment assets which would include its movie studio and so also its entertainment channels like FX and National Geographic. If it comes through, the deal comes at a time of rapid consolidation in the media industry as traditional media companies try to scale to compete with tech-based media companies like Netflix. A merger would likely face regulatory hurdles, given that the Justice Department's anti-trust division sued AT&T two weeks ago to block a merger with Time Warner.
Among the flip flops time and again, Walt Disney Pictures and have re-started serious discussions about Disney acquiring Fox’s entertainment assets. Any deal, it it comes through, is expected to include 20th Century’s Fox film and TV studio, the FX Networks and National Geographic cable group, Fox’s 30% stake in Hulu, and international TV platforms including Star India and its 39 % interest in European satellite broadcaster Sky. The combined value of the assets believed to be for sale is estimated at around $48.5 billion while the 20th Century Fox film and TV production operation and library on its own is valued at around $15 billion at its highest. The Murdoch family hopes to determine whether to pursue a transaction by the end of the year. Comcast reportedly also remains interest
Within just a year of Belgium-based Studio 100 Group acquiring a majority stake in German brand management and media company m4e and becoming one of the largest animation and live-action studios in Europe with 17,500 episodes of kids fare, the studio now has its sights set on the US market. It has acquired New York-based Little Airplane Productions, the Emmy-winning animation studio known for shows like The Wonder Pets, Small Potatoes, P. King Duckling and Super Wings. Though no financial terms have been disclosed, Little Airplane Productions will focus on developing and producing new projects in cooperation with Studio 100′s animation studios (Studio 100 Animation in Paris and Flying Bark Productions in Sydney), and will continue to develop content for third-party clients. The German
In a matter of rejoicing, the Pokemon Company has announced that Pokemon has already reached the 300 million sales milestone. Pokémon is a series of video games developed by Game Freak and Creatures Inc. and published by Nintendo as part of the Pokémon media franchise. And this is not a case of a company trying to stretch definitions and include all manner of sales. According to a report, the 300 million sales figure only accounts for physical sales. This means digital sales and re-releases as well as Pokemon GO don’t count.
Malaysian animation studio Animasia Studio has licensed two of its properties viz. the 78 x 7-minute series Harry & Bunnie and the 52 x 11-minute series Chuck Chicken to Netflix. The studio has also announced several new global sales for its animated properties like Harry & Bunnie, Chuck Chicken, Supa Strikas and Bola Kampung. The Kuala Lumpur-based studio has licensed two of its properties viz. the 78 x 7-minute series Harry & Bunnie and the 52 x 11-minute series Chuck Chicken to Netflix. In addition, Harry & Bunnie is also making its presence felt on free TV channels in Malaysia such as TV3 and TV9 and is also landing on premium platforms such as Tencent Video, Youku, YanHua Media, LuTong Net, Suma Vision and CIBN in China. Meanwhile,the studio’s slapstick comedy
Netflix has become the first major American streamer in quite a few years to fund a decently-budgeted hand-drawn animated feature. The internet streamer announced this afternoon that they have acquired global rights of Klaus which will mark the directorial debut of veteran animator and co-creator ofDespicable Me, Sergio Pablos. Pablos, who came up with the original story, also wrote the screenplay with Zach Lewis and Jim Mahoney. Voice cast is headlined by Jason Schwartzman, Rashida Jones, J.K. Simmons, and Joan Cusack. Sergio Pablos’ SPA Studios is producing the film in Madrid, Spain, with Atresmedia Cine. Toon Boom Harmony will provide strategic technological support. Tanguy Olivier, Gustavo Ferrada and Marisa Roman are producers and Jinko Gotoh is executive producer. Netflix is